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Losing Track of Financial Resources–A Growing Problem?
In a post today on professionalpensions.com, senior correspondent James Phillips reports on the results of a recent study concluding that a disturbing number of savers have lost track of pension accounts they’ve accumulated along the way. Phillips’ post notes that “(n)early two-thirds of savers (64%) have more than one pension pot, but 22% of those said they have lost track of one or all of these accounts, an increase from 21% in 2016.” Phillips’ post explains why this is a concern for future retirees. Check it out here…